In its latest client note, the US investment banking giant, Goldman Sachs, noted that it believes the US decision to call off the waivers from sanctions on imports of Iranian oil to have a limited impact on prices. Additional Quotes: “While we acknowledge the near-term upside price risks, we reiterate our fundamentally derived Brent price trading range of $70-75 per barrel for the second quarter of 2019. The bank still expects declining prices into 2020 due to better supplied markets next year and high uncertainties around whether the Organization of the Petroleum Exporting Countries (OPEC) and fellow producers will continue to abide by their agreement to curb output to support prices after June. The U.S. policy announcement should support Middle East Dubai crude prices relative to Brent prices given the quality mismatch between the lost Iran volumes and the lighter compensating crudes from Saudi Arabia and the United Arab Emirates.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next China SMEI: Cautious on over-optimism – Standard Chartered FX Street 4 years In its latest client note, the US investment banking giant, Goldman Sachs, noted that it believes the US decision to call off the waivers from sanctions on imports of Iranian oil to have a limited impact on prices. Additional Quotes: "While we acknowledge the near-term upside price risks, we reiterate our fundamentally derived Brent price trading range of $70-75 per barrel for the second quarter of 2019. The bank still expects declining prices into 2020 due to better supplied markets next year and high uncertainties around whether the Organization of the Petroleum Exporting Countries (OPEC) and fellow producers will continue… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
